A US democratic senator. uu. They introduced Congress to the Bill Accountability Act (S. 2058). It proposes sanctioning the Naive Bukere government and scrutinizing the use of Bitcoin (BTC) in El Salvador. This denies the ruler and some of his corrupt executives, and denies sanctions and human rights abuses.
Proposals led by Chris Van Hollen, Tim Kane and Alex Padilla; Detailed report on purchasing bitcoin is required Orders an end to international financial support to the state if it is done and approved by the Salvador government.
The project, announced on June 12, 2025, punishes Vice President and key minister Naibe Bukere, with measures such as a blockade of US property, a visa ban and restrictions on loans.
It will also stimulate the investigation to determine whether it is a Bitcoin transfer. The Bukere government is involved in corrupt practices or schemes to violate the constitutional rights of the United States. uu. , a conspiracy suspected to have been the Trump administration. This despite the fact that both sealed off the anti-crime alliance.
If it becomes law, as detailed in the proposal document, 90 days of 90 will be active, Investigate how much Bitcoin is stored, exchanges, and wallets Buyed in El Salvador.
The US senators have shown they are concerned about the exceptional regime already expanded by the government for the past three years. They also express concerns about the use of Bitcoin and cryptocurrency as possible tools to avoid international sanctions.
Legislative initiatives ban funding from Congress to El Salvador, with the exception of humanitarian aid, until Bukel ceased these practices.
Unless the US president proves compliance with international standards, sanctions will last for at least four years.
As reported by Cryptonoticia, in 2021, Bukel declared Bitcoin as fiat currency. However, this year, the rulers signed an agreement with the International Monetary Fund (IMF), and since then, the Central American country has eliminated its obligation for local businesses to accept BTC as a means of payment.
Despite the pressures of the IMF, El Salvador maintains its Bitcoin accumulation strategy and challenges its $1.4 billion loan terms. I recently purchased eight BTCs on July 5, 2025 and was announced by Bitcoin National Office. They raised the state reserves at 6,229 BTCwhich was valued at approximately $675 million and consolidated the Daily Acquisition Program, which began in 2022.
